Nudging your way to a higher retirement income

IFS lists the challenges facing the UK pensions system

clock • 8 min read

Adrian Boulding explores the concept of nudging savers towards building a higher retirement income, including the self-employed section of the workforce...

Last month, the Institute of Fiscal Studies published its 37-page Pensions Review paper entitled ‘Challenges for the UK pensions system: the case for a pensions review'. The new IFS-led review is supported by the Abrdn Financial Fairness Trust and has received valuable input from luminaries from the world of politics and the pensions industry including Alastair Darling, David Gauke, Mubin Haq, Joanne Segars and David Sturrock. It will run for two years. Many have speculated that this review is happening because of the lack of enthusiasm from both major political parties to fund a full...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Salary sacrifice change to 'hit' more than three million workers

Salary sacrifice change to 'hit' more than three million workers

Government releases impact assessment

Jen Frost
clock 05 December 2025 • 3 min read
Andrew Tully: Plummeting pensions confidence is 'siren call' for wide-reaching action

Andrew Tully: Plummeting pensions confidence is 'siren call' for wide-reaching action

'We're seeing a deep erosion of trust in the retirement system'

Andrew Tully
clock 05 December 2025 • 3 min read
When is a SIPP not a SIPP? Time for a terminology rethink

When is a SIPP not a SIPP? Time for a terminology rethink

'I would suggest that it’s time to review the use of the term SIPP,'

Caitlin Southall
clock 01 December 2025 • 4 min read